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The Evolving Complexity of Capital Regulation

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  • Herring, Richard J.

    (U of PA)

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  • Herring, Richard J., 2018. "The Evolving Complexity of Capital Regulation," Working Papers 18-01, University of Pennsylvania, Wharton School, Weiss Center.
    • Handle: RePEc:ecl:upafin:18-01
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    File URL: https://fic.wharton.upenn.edu/wp-content/uploads/2018/07/Evolution-of-Complexity-in-Cap-Rega-1.23.18.pdf
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    References listed on IDEAS

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    1. Goodhart,Charles, 2011. "The Basel Committee on Banking Supervision," Cambridge Books, Cambridge University Press, number 9781107007239.
    2. Asli Demirguc-Kunt & Enrica Detragiache & Ouarda Merrouche, 2013. "Bank Capital: Lessons from the Financial Crisis," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(6), pages 1147-1164, September.
    3. Larry D Wall, 2014. "The adoption of stress testing: Why the Basel capital measures were not enough," Journal of Banking Regulation, Palgrave Macmillan, vol. 15(3-4), pages 266-276, September.
    4. Kevin Dowd & Margaret Woods & John Cotter & Chris Humphrey, 2010. "How Unlucky is 25-Sigma?," Working Papers 200838, Geary Institute, University College Dublin.
    5. Mariathasan, Mike & Merrouche, Ouarda, 2014. "The manipulation of basel risk-weights," Journal of Financial Intermediation, Elsevier, vol. 23(3), pages 300-321.
    6. James R. Barth & Gerard Caprio & Ross Levine, 2013. "Bank regulation and supervision in 180 countries from 1999 to 2011," Journal of Financial Economic Policy, Emerald Group Publishing Limited, vol. 5(2), pages 111-219, May.
    7. Kane, Edward J, 1977. "Good Intentions and Unintended Evil: The Case against Selective Credit Allocation," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 9(1), pages 55-69, February.
    8. Charles W. Calomiris & Stephen H. Haber, 2015. "Fragile by Design: The Political Origins of Banking Crises and Scarce Credit," Economics Books, Princeton University Press, edition 1, volume 1, number 10177-2.
    9. Kane, Edward J, 1981. "Accelerating Inflation, Technological Innovation, and the Decreasing Effectiveness of Banking Regulation," Journal of Finance, American Finance Association, vol. 36(2), pages 355-367, May.
    10. Larry D. Wall, 1989. "Capital requirements for banks: a look at the 1981 and 1988 standards," Economic Review, Federal Reserve Bank of Atlanta, issue Mar, pages 14-29.
    11. Richard J. Herring, 2002. "The Basel II approach to bank operational risk: regulation on the wrong track," Proceedings 826, Federal Reserve Bank of Chicago.
    12. Acharya, Viral V. & Schnabl, Philipp & Suarez, Gustavo, 2013. "Securitization without risk transfer," Journal of Financial Economics, Elsevier, vol. 107(3), pages 515-536.
    13. Carmassi, Jacopo & Herring, Richard J., 2015. "Corporate Structures, Transparency and Resolvability of Global Systemically Important Banks," Working Papers 15-10, University of Pennsylvania, Wharton School, Weiss Center.
    14. Charles W. Calomiris & Richard J. Herring, 2013. "How to Design a Contingent Convertible Debt Requirement That Helps Solve Our Too-Big-to-Fail Problem," Journal of Applied Corporate Finance, Morgan Stanley, vol. 25(2), pages 39-62, June.
    15. Jones, David, 2000. "Emerging problems with the Basel Capital Accord: Regulatory capital arbitrage and related issues," Journal of Banking & Finance, Elsevier, vol. 24(1-2), pages 35-58, January.
    16. Adrian Blundell-Wignall & Caroline Roulet, 2013. "Business models of banks, leverage and the distance-to-default," OECD Journal: Financial Market Trends, OECD Publishing, vol. 2012(2), pages 7-34.
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    Cited by:

    1. Colliard, Jean-Edouard & Georg, Co-Pierre, 2020. "Measuring Regulatory Complexity," CEPR Discussion Papers 14377, C.E.P.R. Discussion Papers.
    2. Hughes, Joseph P. & Moon, Choon-Geol, 2022. "How bad is a bad loan? Distinguishing inherent credit risk from inefficient lending (Does the capital market price this difference?)," Journal of Economics and Business, Elsevier, vol. 120(C).
    3. Douglas da Rosa München & Herbert Kimura, 2020. "Regulatory Banking Leverage: what do you know?," Working Papers Series 540, Central Bank of Brazil, Research Department.
    4. Franklin Allen & Itay Goldstein & Julapa Jagtiani, 2018. "The Interplay among Financial Regulations, Resilience, and Growth," Journal of Financial Services Research, Springer;Western Finance Association, vol. 53(2), pages 141-162, June.
    5. Thomas L. Hogan, 2021. "A Review of the Regulatory Impact Analysis of Risk-Based Capital and Related Liquidity Rules," JRFM, MDPI, vol. 14(1), pages 1-29, January.
    6. James R. Barth & Stephen Matteo Miller, 2018. "On the Rising Complexity of Bank Regulatory Capital Requirements: From Global Guidelines to their United States (US) Implementation," JRFM, MDPI, vol. 11(4), pages 1-33, November.
    7. Ly, Kim Cuong & Shimizu, Katsutoshi, 2021. "Did Basel regulation cause a significant procyclicality?," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 73(C).
    8. Buckmann, Marcus & Haldane, Andy & Hüser, Anne-Caroline, 2021. "Comparing minds and machines: implications for financial stability," Bank of England working papers 937, Bank of England.
    9. Muhammad Farhan Basheer & Mohamad Helmi Hidthiir & Waeibrorheem Waemustafa, 2019. "Impact of Bank Regulatory Change and Bank Specific Factors Upon Off-Balance-Sheet Activities Across Commercial Banks in South Asia," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 9(4), pages 419-431, April.
    10. Beaupain, Renaud & Braouezec, Yann, 2024. "International banking regulation and Tier 1 capital ratios. On the robustness of the critical average risk weight framework," International Review of Financial Analysis, Elsevier, vol. 91(C).
    11. Michele Leonardo Bianchi & Alberto Maria Sorrentino, 2022. "Exploring the Systemic Risk of Domestic Banks with ΔCoVaR and Elastic-Net," Journal of Financial Services Research, Springer;Western Finance Association, vol. 62(1), pages 127-141, October.
    12. Stephen Matteo Miller & Blake Hoarty, 2021. "On regulation and excess reserves: The case of Basel III," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 44(2), pages 215-247, June.
    13. Joseph P. Hughes, 2018. "Comments on “The Evolving Complexity of Capital Regulation”," Journal of Financial Services Research, Springer;Western Finance Association, vol. 53(2), pages 207-210, June.
    14. Barth, James R. & Miller, Stephen Matteo, 2018. "Benefits and costs of a higher bank “leverage ratio”," Journal of Financial Stability, Elsevier, vol. 38(C), pages 37-52.
    15. Allen, Franklin & Jagtiani, Julapa & Goldstein, Itay, 2018. "The Interplay between Financial Regulations, Resilience, and Growth," CEPR Discussion Papers 12861, C.E.P.R. Discussion Papers.
    16. Huang, Qiubin & de Haan, Jakob & Scholtens, Bert, 2020. "Does bank capitalization matter for bank stock returns?," The North American Journal of Economics and Finance, Elsevier, vol. 52(C).

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